Does Earnings Surprise History Hold Any Clue for American Axle & Manufact. (NYSE:AXL)

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Earnings results for American Axle & Manufact. (NYSE:AXL)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has increased over the past week from -2.13 to -2.09(1.88%) and decreased over the past month from -2.06 to -2.09(1.46%). Of the 1 analysts making quarterly forecasts, 1raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has increased over the past week from -1.49 to -1.48(0.67%) and increased over the past month from -1.51 to -1.49(1.32%). Of the 2 analysts making yearly forecasts, 2raised and none lowered their forecast.

American Axle & Manufact. last posted its earnings results on May 8th, 2020. The auto parts company reported $0.20 earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.28. The company earned $1.34 billion during the quarter, compared to analysts’ expectations of $1.31 billion. Its quarterly revenue was down 21.9% on a year-over-year basis. American Axle & Manufact. has generated $1.62 earnings per share over the last year. American Axle & Manufact. has confirmed that its next quarterly earnings report will be published on Friday, July 31st, 2020. American Axle & Manufact. will be holding an earnings conference call on Friday, July 31st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Analyst Opinion on American Axle & Manufact. (NYSE:AXL)

8 Wall Street analysts have issued ratings and price targets for American Axle & Manufact. in the last 12 months. Their average twelve-month price target is $8.50, suggesting that the stock has a possible upside of 6.12%. The high price target for AXL is $15.00 and the low price target for AXL is $4.00. There are currently 4 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of “Buy.”

American Axle & Manufact. has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings. According to analysts’ consensus price target of $8.50, American Axle & Manufact. has a potential upside of 6.1% from its current price of $8.01. American Axle & Manufact. has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: American Axle & Manufact. (NYSE:AXL)

American Axle & Manufact. does not currently pay a dividend. American Axle & Manufact. does not have a long track record of dividend growth.

Insiders buying/selling: American Axle & Manufact. (NYSE:AXL)

In the past three months, American Axle & Manufact. insiders have not sold or bought any company stock. Only 1.50% of the stock of American Axle & Manufact. is held by insiders. 90.92% of the stock of American Axle & Manufact. is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of American Axle & Manufact. (NYSE:AXL

Earnings for American Axle & Manufact. are expected to grow in the coming year, from ($1.48) to $0.30 per share. The P/E ratio of American Axle & Manufact. is -0.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of American Axle & Manufact. is -0.88, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. American Axle & Manufact. has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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